OUT Georgia Business Alliance (EIN 582114252) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Joey Tripp

Phone

4042671854

Tax Period

2024-01-01 to 2024-12-31

OUT Georgia Business Alliance, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $145K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $212K exceeded revenue, resulting in a 46% operating deficit.

Mission

Advancement of business among LGBTQIA+ community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $144,914

Investment Income $5

Other Revenue $0

TOTAL REVENUE $144,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,973

Fundraising Expenses $0

Program Expenses $212,236

Other Expenses $53,263

TOTAL EXPENSES $212,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$144,919	$291,420	-0.5%
Expenses	$212,236	$289,564	-0.3%
Net Income	$-67,317	$1,856	-37.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$85,660

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Conroy	President	20.00	Director	$0	$0	$0
Danielle Bonanno	Vice-President	20.00	Director	$0	$0	$0
Matt Mitchell	Secretary	20.00	Director	$0	$0	$0
Joey Tripp	Treasurer	20.00	Director	$0	$0	$0
Dr Elijah Nicholas	Director	20.00	Director	$0	$0	$0
Carlton Brown	Director	10.00	Director	$0	$0	$0
Nathan Regan	Director	10.00	Director	$0	$0	$0
Dewayne Queen	Director	10.00	Director	$0	$0	$0
Christopher Lugo	Executive Director	40.00	Officer	$76,410	$0	$76,410
Andi Monroe	Interim Executive Director	40.00	Officer	$9,250	$0	$9,250

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$144,919	$212,236	$44,204	$-67,317
2023	$291,420	$289,564	$106,725	$1,856
2022	$273,520	$219,796	$114,869	$53,724

OUT Georgia Business Alliance